Nok Air’s future in turbulence: Delisting deadline looms
Aug 6, 2024 · Nok Air (Bangkok Don Mueang) is in the hot seat once more, facing the threat of being delisted by the Stock Exchange of Thailand (SET). The clock is ticking as the airline has been given until September 8 to resolve its financial mess and get back to trading on the bourse.
Nok Air takes off again: Ready to ‘baht’ back in business
Oct 16, 2024 · Nok Air is plotting a major comeback, with a 5 billion baht cash injection on the cards for 2025. The Thai low-cost airline, which entered business rehabilitation in 2021, is now eyeing an exit in 2026, as CEO Wutthiphum Jurangkool outlines a path to financial recovery.
Rising Fuel Costs Cause Nok Air's Annual Loss To Almost Double …
Oct 5, 2023 · Thailand's Nok Air revealed it increased passenger numbers and revenue significantly but was still unable to make up for rising fuel costs, exchange rate deficits, and increased maintenance charges.
Thailand's Nok Air restructuring ongoing but faces delisting
Nok Air filed for bankruptcy protection in July 2020 after the pandemic made managing the airline's THB18+ billion baht (USD475.4 million) impossible. At the time, it said it would use the judicial process to restructure its business.
NOK Air Flight scheduled to travel from Hyderabad to Bangkok …
1 day ago · ANI is a leading multimedia news agency. Thailand-based NOK Air Flight DD959, which was scheduled to fly from Rajiv Gandhi International Airport Hyderabad to Don Mueang International Airport (DMK) Bangkok, declared an emergency early on Saturday morning, GMR, PRO said."Nok Air flight DD959 from Rajiv Gandhi International Airport, Hyderabad.
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Nok Airlines stocks nosedive as SET delisting threat soars
Sep 20, 2023 · Low-cost carrier Nok Airlines stands on the brink of being delisted from the Stock Exchange of Thailand (SET). This possibility stems from the airline’s failure to improve its financial performance and submit its 2022 financial results within …
Nok Air on track to complete rehabilitation by 2026
Oct 14, 2024 · Budget airline Nok Air has announced its commitment to exit the ongoing rehabilitation plan by 2026 while acquiring six additional Boeing 737-800 aircraft for gradual delivery over the next four to five years.
Thai bourse maintains Nok Air delisting threat - ch-aviation
The Stock Exchange of Thailand (SET) has advised that NOK Airlines Public Company Limited, trading as Nok Air (DD, Bangkok Don Mueang), remains at risk of delisting because it has failed to submit financial statements within the required timeline, and its balance sheet remains in the red.
Thailand's Nok Air accelerates restructuring process
Following the Stock Exchange of Thailand (SET) warning of a possible delisting, Nok Air (DD, Bangkok Don Mueang) is ramping up its restructuring efforts. The new strategies, announced in a September 16 filing to the SET, go beyond the steps agreed to under the court-supervised business rehabilitation process that the airline is currently ...